San Fransisco: LinkedIn Corp. has set its initial public offeringprice of shares in the number 45U.S. dollars per share. This value is a forecast range for the highest professional networkservices.LinkedIn shares will begin trading on Thursday (19 / 5) on the NewYork StockExchangewith stock code LNKD.
Value of Stock of LinkedIn is set at 45 Dollars in IPO
The offering is expected to increase the funding of about $ 4 billionfor the company. That number would be the highest on Wall Streetand can shift the position of Google Inc. who often dominate the bourses. LinkedIn party is optimistic the target will be achieved. The reason investor confidence that the Internet services offered by LinkedIn can be a forum of people with similar interests will bring a lot of money. Given the number of Internet users will continue to experience significant improvement. LinkedIn is a global social network for business professionals whofounded the Silicon Valley entrepreneur Reid Hoffman in December 2002. Last week, LinkedIn's CEO, Jeff Weiner,announced the members of the social network has reached 50million people. In fact, initially the social network need 16 months to get 1 million members first. But now, to get one million LinkedIn members need only 12 days. Indeed, the number of new members who reach 50million can not be juxtaposed with Facebook, which already has 300 million users. But the achievement of the 50 millionoutstanding when taking into account that there are only about 360million of business professionals around the world. So now more than 10% of professionals who have joined the LinkedIn's business network. With the number of new members who sign up every second, every hour, every day, in an instant, it's not impossible 90% of professionals will eventually be incorporated onLinkedIn.
